$892,000
$985,000
9.4%For more information regarding the value of a property, please contact us for a free consultation.
6,700 SqFt
SOLD DATE : 07/31/2017
Key Details
Sold Price $892,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
Square Footage 6,700 sqft
Price per Sqft $133
Subdivision None Available
MLS Listing ID 1002728571
Sold Date 07/31/17
HOA Y/N N
Originating Board RAYAC
Year Built 1900
Property Description
This is a great opportunity to be your own boss and generate great rental income at the same time. This well established Malt Beverage Distributor is located only a few blocks from Shippensburg University and has been serving the community for decades. There is a great rental history on the 7 apartments with many of the tenants being multi year residents. There is also a cottage/house with 8 off street parking spaces that is available additionally for $59,900.,Malt Beverage Business, Real Estate, and Income producing apartments together make a great investment opportunity for a savvy investor. Be your own boss with ownership of a well established beverage distributor located in the heart of a college town as well as 7 income producing and exceptionally well maintained apartments with a great occupancy history. The retail beverage business includes the malt beverage license, the commercial building, all business fixtures, a fork lift, a walk in retail cooler and a walk in keg cooler, as well as the point of sale equipment. The 7 apartments face Earl Street and have all been well maintained. Vacancies are rare. There is an adjoining property available separately with a small house and additional parking for business and apartments. PRE-QUALIFIED BUYERS ONLY! Shown by appointment only. Contact BILL MORROW, Listing Agent at 717-645-0955 for additional information or to schedule an appointment.
Location
State PA
County Cumberland
Area Shippensburg Boro (14432)
Interior
Flooring Concrete, Wood
Fireplace N
Exterior
Garage Spaces 10.0
Utilities Available Above Ground
Waterfront N
Water Access N
Roof Type Asphalt,Shingle,Fiberglass
Road Frontage City/County
Garage N
Building
Water Public
New Construction N
Schools
School District Shippensburg Area
Others
Tax ID 34-34-2415-061, 066,067A`
Ownership Fee Simple
SqFt Source Assessor
Security Features Security System,Smoke Detector
Acceptable Financing Seller Financing, Conventional
Listing Terms Seller Financing, Conventional
Financing Seller Financing,Conventional
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Bought with WILLIAM D MORROW • Keller Williams of Central PA
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "